Corporate Collective Investment Vehicle (CCIV) focus group – 14 September 2022

Original Published Date
Status
Current
Tax Category
Tax preparation
Resource Type
Consultative groups
Description

The Corporate Collective Investment Vehicle (CCIV) focus group meeting was held via Webinar on 14 September 2022.

At this meeting, discussion points were:

Business requirements

To provide the best client experience for CCIV Sub-fund tax return preparers, the ATO requires an effective and tailored digital only lodgment service. If a CCIV Sub-fund service is merged with the current TRTAMI service, there needs to be assurance that client experience for the each preparer type is maintained.

Technical solution options

A walkthrough of the 3 technical solution options was provided, followed by an analysis of each option, explaining the pros and cons in detail. Further detailed information can be found in Online Services for DSPs.

The group raised concerns regarding the need to conduct PVT. They were advised if a new service is required, the ATO will look to provide significant support to DSPs.

Group discussion

The draft MST will be shared with the group once available.

Next steps

The group will reconvene once work commences on the conformance suites.

No previous versions available.

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